What are Data spaces?

Data spaces can be defined as an environment where data is shared among trusted partners who adhere to the same standards and guidelines for sharing and storing data . The relevance of data spaces lies in the ability to leverage the abundance of unused data scattered across multiple sectors. This  has led to the development of standards that facilitate secure and safe data exchange among parties. The standards establish clear agreements regarding security, certification, standardized technology components, and more. Parties can establish exchanges based on mutual trust by using the standard frameworks.

iSHARE Trust Framework was developed to improve data exchange between parties. The underlying assumption is that if data can flow in a controlled and efficient way, it will lead to  efficient use of infrastructure, less carbon emissions and more competitiveness. iSHARE focuses on three aspects (Identification, Authentication, and Authorisation) as they are considered indispensable in any communication between parties. The iSHARE Trust Framework facilitates data spaces to organize their governance in addition to IAM and Operational workflows.